French consumer confidence slips in September

Note: This section contains information in English only.
Source: RTTNews
French consumer sentiment weakened modestly to 85 in September, compared to 86 in the preceding month, the Insee reported on Wednesday. Analysts expected the index to stagnate. Overall past economic situation was at -77 on year from -73 in August, while future economic situation tumbled to -56, compared to -51.
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Wed, 26 Sep 2012 10:15:26 GMT

Cable down in the European trading hours

On Wednesday, the British Pound depreciated versus the U.S. Dollar in the European trading session. GBP/USD was traded at 1.6167 at 6:50 a.m. London time, which was a 0.13% decline for the session. The pair's support was likely to be found at 1.6150, a day low, while resistance was prone to be a 1.6310, a Friday's high.

Wed, 26 Sep 2012 09:53:25 GMT

Treasuries hold gains amid inflation outlook

On Wednesday, treasuries were higher for the seventh consecutive day, which was the longest rally since December 2008, amid speculations that quantitative easing will take time to boost the economy and inflation will be kept under control. Yields on benchmark 10-year notes were little changed from the yesterday's 1.67% at 6:46 a.m. London time.

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